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Regulation

regulation

09 October 2020 • By Sarah Simpkins • 1 min read

Australian funds last on disclosure: Morningstar

Australia has the world’s worst practice in portfolio holdings disclosure, according to Morningstar, with an analyst calling the lack of transparency ...

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APRA rolls out new risk supervision model

APRA has commenced launching a new model for assessing risks faced by banks, superannuation licensees and insurers. In a letter to industry on ...

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RBA makes budget day rate call

The Reserve Bank has announced its latest decision on rates just hours before the most important budget since the Second World War. The RBA has ...

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Budget day cut still up in the air

The chances of a rate cut in October or November remain up in the air despite a number of high-profile economists calling it. Finder’s monthly cash ...

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ASIC puts investigations on backburner

The corporate regulator has revealed the extent to which its investigations have been impacted by the COVID crisis, reporting an almost 40 per cent ...

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APRA cracks the whip on ‘unambitious’ trustees

APRA is concerned superannuation trustees are approaching the improvement of member outcomes as a “box-ticking exercise” and suggested they were being ...

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Bendigo and Adelaide Bank blasted for ‘systemic breaches’ on Great Southern

The Banking Code Compliance Committee has named and shamed Bendigo and Adelaide Bank for “systemic breaches” around its dealings with customers ...

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Morrison spruiks budget, slams union ‘extortion’

As the government prepares to unveil its COVID budget, Scott Morrison has taken the opportunity to outline its contents and slammed “extortion” by ...

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ASIC bans fixed income broker

ASIC has banned a former fixed income broker from providing financial services for ten years.  Former BGC Securities (Australia) broker David Moore ...

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Mayfair investors facing total loss: liquidator

A liquidator’s report has found that M101 Nominees’ business was insolvent from the start and that unitholders likely won’t see a return – but ...

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